2. The net value of a fund unit is the net asset value of each fund unit, which is equal to the balance of the total assets of the fund minus the total liabilities and then divided by the total number of unit shares issued by the fund.
The subscription and redemption of open-end funds are carried out at this price. The transaction price of closed-end funds is the known market price at the time of trading.
On the other hand, the unit transaction price of the open-end fund depends on the net asset value of the unit fund, which is unknown at the time of subscription and redemption (but it can be calculated after the market closes on the same day and announced on the next trading day).
Extended data
Fund trading time refers to the time period during which open-end funds accept subscription, conversion, redemption or other transactions. Generally speaking, every working day is closed at 9:30- 15:00 am, and11:30-13: 00 am.
Fund trading time refers to the time period during which open-end funds accept subscription, conversion, redemption or other transactions.
The trading hours of funds are the trading hours of stocks, from 9: 30 am to 3: 00 pm every day.
Funds that apply for trading during non-trading hours are traded at the closing price of the next day.
You applied to buy a fund last night, so the actual purchase price is today's closing price. The closing price is usually quoted at night.
Trading hours are working hours; However, the net transaction value is bounded by the stock closing at 15. Orders placed before 15 are traded at the net value of the current day, and orders placed after 15 are traded at the net value of the next day.
References:
Fund trading hours-Baidu Encyclopedia